Boston Beer (NYSE:SAM) Updates FY 2025 Earnings Guidance

Key Points

• Boston Beer has updated its FY 2025 earnings guidance, expecting earnings per share between 7.800 and 9.800, slightly below the consensus estimate of 9.160.
• Several analysts have downgraded shares of Boston Beer, with Citigroup reducing its price target from $255.00 to $235.00, while the stock currently has a consensus rating of "Reduce" and an average target price of $251.51.
• The company's shares traded down to $218.66 with a market capitalization of $2.44 billion, and its twelve-month performance shows a significant decline from a high of $329.55.

Boston Beer (NYSE:SAM - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 7.800-9.800 for the period, compared to the consensus earnings per share estimate of 9.160. The company issued revenue guidance of -.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on SAM shares. Citigroup cut Boston Beer from a "buy" rating to a "neutral" rating and decreased their price objective for the company from $255.00 to $235.00 in a research note on Monday, October 6th. Sanford C. Bernstein set a $230.00 price target on shares of Boston Beer and gave the stock a "market perform" rating in a report on Monday, July 28th. UBS Group reduced their price objective on shares of Boston Beer from $234.00 to $230.00 and set a "neutral" rating on the stock in a report on Wednesday, October 8th. Evercore ISI decreased their price objective on shares of Boston Beer from $275.00 to $250.00 and set an "in-line" rating for the company in a research report on Friday, July 25th. Finally, Weiss Ratings reiterated a "sell (d+)" rating on shares of Boston Beer in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Reduce" and an average target price of $251.51.

Boston Beer Trading Down 0.0%

Shares of SAM stock traded down $0.01 on Thursday, reaching $218.66. 243,101 shares of the stock were exchanged, compared to its average volume of 221,659. The business's 50 day moving average price is $220.20 and its 200 day moving average price is $220.82. The company has a market capitalization of $2.44 billion, a price-to-earnings ratio of 30.84, a PEG ratio of 2.01 and a beta of 0.83. Boston Beer has a twelve month low of $185.34 and a twelve month high of $329.55.

Boston Beer (NYSE:SAM - Get Free Report) last issued its earnings results on Thursday, October 23rd. The company reported $4.25 EPS for the quarter, topping analysts' consensus estimates of $3.69 by $0.56. Boston Beer had a net margin of 3.65% and a return on equity of 15.15%. The company's revenue was down 11.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.86 earnings per share. Boston Beer has set its FY 2025 guidance at 7.800-9.800 EPS. Equities research analysts forecast that Boston Beer will post 9.29 earnings per share for the current year.

Insider Activity

In other Boston Beer news, VP Annette N. Fritsch sold 600 shares of the firm's stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $219.24, for a total transaction of $131,544.00. Following the transaction, the vice president owned 9,715 shares of the company's stock, valued at approximately $2,129,916.60. This trade represents a 5.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 26.10% of the company's stock.

Hedge Funds Weigh In On Boston Beer

Hedge funds have recently made changes to their positions in the company. Group One Trading LLC purchased a new position in shares of Boston Beer during the second quarter worth about $99,000. Raymond James Financial Inc. grew its holdings in shares of Boston Beer by 34.5% during the second quarter. Raymond James Financial Inc. now owns 1,145 shares of the company's stock worth $218,000 after purchasing an additional 294 shares during the last quarter. Great Valley Advisor Group Inc. boosted its stake in shares of Boston Beer by 5.3% during the second quarter. Great Valley Advisor Group Inc. now owns 1,192 shares of the company's stock worth $227,000 after buying an additional 60 shares during the period. Cresset Asset Management LLC boosted its stake in shares of Boston Beer by 12.5% during the second quarter. Cresset Asset Management LLC now owns 1,400 shares of the company's stock worth $267,000 after buying an additional 156 shares during the period. Finally, Empowered Funds LLC boosted its stake in shares of Boston Beer by 8.8% during the first quarter. Empowered Funds LLC now owns 1,207 shares of the company's stock worth $288,000 after buying an additional 98 shares during the period. Hedge funds and other institutional investors own 81.13% of the company's stock.

Boston Beer Company Profile

The Boston Beer Company, Inc produces and sells alcohol beverages primarily in the United States. The company's flagship beer is Samuel Adams Boston Lager. It offers various beers, hard ciders, flavored malt beverages, and hard seltzers under the Samuel Adams, Twisted Tea, Truly, Angry Orchard, Dogfish Head, Angel City, and Coney Island brand names.

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